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Originally Posted by VivaLFuego
$500K for one of those? that's pretty cheap compared to something near downtown in most of the major cities, the new townhomes that are that close to downtown (how far are those in Houston, about 1-2 miles from downtown?) In Chicago typically run aobut $900K - 3+ million, and the designs are often much crappier.
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Check out HAR.com and select townhomes/condos. I did that recently and found that a lot of condos are less than $500K, even in some of the highrises in Uptown and River Oaks. The catch is that the monthly homeowner dues are really high and drive up the actual cost tremendously. Having lived in a condo and served as a board member in Austin, it does take a great deal of dollars to maintain such a building, so dues are usually really high. It would be good to hear from some Houston condo owners regarding the month dues.